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Vault Intelligence strengthens executive team with financial and commercial skills

The board passes on its gratitude and deep appreciation to outgoing CFO Brent Melhop and acknowledges the commitment and loyalty he displayed in his tenure.

Vault specialises in creating solutions in the risk, environment, and health and safety sector

Vault Intelligence Ltd (ASX:VLT) has strengthened its executive team with the appointment of high calibre and proven scale-up executive Paul Cullinan as chief financial officer (CFO).

The appointment follows an extensive Australia-wide process to find a high performing executive with proven experience.

Vault, a leading SaaS business delivering solutions in the risk and safety technology sector, fielded significant interest for the CFO position, which is a positive reflection on the business and potential to deliver future growth.

Vault's chief executive officer David Moylan said: “Paul was a standout amongst a group of highly skilled and proven executives applying for the CFO role.

“He brings great experience to the Vault executive board having been actively involved in growth tech companies at both a CFO and CEO level.”

Cullinan, who will be working out of the Melbourne office, has 14 years’ experience working with rapidly growing businesses in disruptive and emerging sectors.

He has a demonstrated track record of success including in his previous role as managing director and CEO of Sumo Australia Ltd where he worked to grow the business six-fold in a period of about two years.

As CFO, Cullinan was involved with taking iSelect from $3 million to $150 million annual revenue and with Nimble Money, also in the CFO role, increasing revenues five-fold.

Vault Intelligence is an online/SaaS development business operating across more than 30 industries and in several parts of the world.

The company's cloud-based systems provide clients with the benefits of cost savings and the availability of real-time information to monitor, maintain and improve their businesses.

Quick facts: Vault Intelligence Ltd

Price: 0.25 AUD

ASX:VLT

Market: ASX

Market Cap: $32 m

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